The Cheque Bounce lawyer in Mumbai are in high demand as there are not uncommon cases occurring these days. The Cheque offense’s dishonor is punishable by the imprisonment of up to two years or with monetary Penalty or sometimes with both. Checks are utilized in practically all exchanges like re-installment of advance, installment of compensation, charges, expenses, and so on. A vast number of bills are handled and gone through by banks on a regular schedule. Cheques are given for the explanation of getting confirmation of installment. By and by, Cheque stays a dependable technique for installment for some individuals. It is then consistently fitting to give crossed “Record Payee Only” checks to maintain a strategic distance from its abuse. A cheque is a debatable instrument, and the Crossed and account payee checks are not questionable by any individual other than the payee. The Cheque must be saved into the payee’s ledger. 

Lawfully, the cheque creator is called ‘cabinet,’ the individual in whose favor, the check is drawn called ‘payee,’ and the bank who is coordinated to pay the sum is known as ‘drawee.’ Notwithstanding, instances of check bob are regular nowadays. Once in a while, cheques bearing huge sums stay neglected and are returned by the bank on which they are drawn. In most of its transactions, repayment of loan or payment of fees for commercial enterprise purpose the payments are made by Cheque. Those cheques bearing large or huge amounts sometimes remain unpaid or bounce and are come back by the bank on which they are drawn. For such cases, individuals should consult the Best Cheque Bounce Cases Lawyer in Mumbai. As the Cheque bounce that comes below Section 138 is a Negotiable Instruments Act. This is not precisely a criminal offense, but it is also termed a quasi-civil case, and such cases or reports are filed at Magistrate Court. The immaterial to the amount mentioned in the Cheque. In case of cheque bounce, you would need a banking lawyer to serve the legal notice to the other party from whom the Cheque was taken. It is fitting to set up the check skip protest with the assistance/help of a specialist check bob legal advisor. The grumbling should advance all the significant/valuable proof like the first watch that the bank returned and the cheque return notice, request notice sent against non-installment/check ricochet, receipts of legal notification, etc. Also, critical reports can be utilized. As proof to help one’s lawful standing, the charged is at risk of paying the unpaid sum with revenue as considered fit by the court for all the psychological and actual injury caused by court methodology. When the whole preliminary is finished and assuming the charge is seen as liable, he can be rebuffed with a money-related punishment that can be twofold the cheque sum or be overlooked with detainment that may reach two years or even both. A lawyer from Legal Act can offer the best service if they get every bit of information about your case and can solve your issue right away.

FAQs

Q1) What legal action can be taken for Cheque bounce by a Cheque bounce lawyer in Mumbai?

Ans. If the cheque issuer fails or unsuccessful in making a new payment within 30 days of receiving the Notice, then the payee has the right to file a criminal complaint under Section 138 of the Negotiable Instruments Act. However, the payee complaint should be registered in a magistrate’s court within a month of the expiry of the notice period and then can take legal action for Cheque bounce by the Cheque bounce lawyer in Mumbai.

Q2) What is the time limit for Cheque bounce cases?

Ans. The Cheque bounce lawyer in Mumbai must be sent a legal notice within 30 days from the date of cheque bounce. After that, within 15+30=45 days from the date of sending the Legal Notice, the case must be filled.

Q3) How many times does the Cheque bounce, and when can the Cheque bounce lawyer in Mumbai bring legal action?

Ans. Although, as per the rule and guidelines of the Reserve Bank of India, such action can be taken only if Cheque, valued at Rs 1 crore or above, the Cheque has bounced more than four times. After that Cheque bounce lawyer in Mumbai can take legal action.

Q4) What is the bail amount for Cheque Bounce Case and the Cheque bounce lawyer in Mumbai?

Ans. The court must have issued the bailable warrant against the party. They must appear before the court’s next date, and the court will release you bail on the minimum Rs of 5000 or So on. And the Cheque bounce lawyer in Mumbai will charge according to the case and the appearance.

Q5) Will Lawyers for Bounced cheques in Mumbai travel to another city to attend the court Matters?

Ans. Yes, the Lawyers for Bounced Cheque in Mumbai travel to another city to attend the court Matters, but the party has to bear all their Travel Expenses.